The first property is a duplex and the second - an MHP.https://www.movoto.com/livermore-me/851-federal-rd-livermore-me-04253-950_1337647/https://www.mobilehomeparkstore.com/mobile-home-parks/919647-round-pond-mhp-for-sale-in-livermore-meIt stands to reason that either MF properties are overpriced or mobile homes underpriced or both.

(c) Assists or offers to assist in filing an application for the purchase or lease of, or in locating or entering upon, lands owned by the state or federal government.

:The main crux here is that you should be showing your real estate business on your federal tax returns. 

Insurance can increase, and will increase, but with flood insurance programs being Federally mandated, they are under strictly guidelines. 

Regards,Ben Feder

I understand from reading the FAQ on the IRS's website that " A LLC that chooses to be treated either as a partnership or corporation for federal tax purposes can organize as a Qualified Opportunity Fund ", however, I'm wondering if I should go forward with that filing strategy?  

I am a full time federal employee, who works 40hrs a week, no more.

I think the same "common sense" approach (to the extent that a big federal system like the Dept of VA is/can ever be "common sense" or "logical") will apply here, what exactly that looks like remains to be seen.- Million dollar fourplex? 

That could entail federal pound sand prison time.

I hate to say it but a lot of people don't understand how big govt/business works but think about it for a second if there was no crime or war on drugs to fight how many local/state/federal law enforcemwnt agents would lose their jobs.